Year end lows29 Nov 2025 11:20
Good morning JSE holders, as we approach December and the year end is fast approaching, i find it unusually strange that the Sp hasn't really changed from where we were back in December 2025.
Yet the Company has materially changed since then, we have now a fully functioning and producing gas plant with fantastic earnings which will benefit Jadestone over the next decade and beyond (new drills planned for late 2026)
We have upgraded the SKU1 well with a better production outline, currently improving Montara infrastructure as per NOPSEA directive.
our CWLH continues to perform as expected, and not forgetting our Malaysian assets which have been performing strongly once again, with another new well proposed in 2026
Our Debt , has been rapidly reducing, and we should hear more about this in the next update.
All in 2025 has been a great year for JSE and sets it on the road to be cash accreditive in 2026, yet the Sp has barely moved over this period,
It seems we are waiting on the next big uplift in the Sp which is the news on the Vietnam Gas asset finally being signed of towards FID
the last 2-3 months has seen the Sp flatline around 24p as we all await the outcome, when we can all put numbers to the meaning of this huge gas asset, which imo with AKATARA will rebrand JSE as mainly a gas producing asset with some oil production, which going forward appears to be the correct Business Plan
im looking forward to end of the month when i can once again add a few more shares into the SIPP portfolio, building my position as steady as she goes .
enjoy the rest of your weekend and a merry Xmas to you all .